Top 5 DeFi Exchanges in 2025

Feb 25, 2025 White Line Ibiam Wayas

[{"selector":"#anim-698d7f0f-6132-40c5-8aaf-2e9e6504a146","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3f9c3bf-a291-4cf2-aaed-a88b10e55b77","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e187360-a0a9-4bf4-b01f-bd26406d81d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4b5b1b45-ce2c-4097-939a-c93cba596651","keyframes":{"transform":["translate3d(0px, 239.82405%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line DeFi or decentralized exchanges are the opposite of centralized exchanges like Binance, Coinbase, etc.

What is a DeFi exchange?

[{"selector":"#anim-f880bcc4-838e-4150-b849-a20ce1f790fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c4535fcb-39b9-4a47-96ef-2a1111a03e2b","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-789a5bef-5b35-4991-959e-52dd1732764e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c46b76b-ecfd-42a6-bbe7-e6a522d3a41e","keyframes":{"transform":["translate3d(0px, 196.92869%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b816c77d-878d-4d13-84f5-ba35ee2e5a80","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1dddc250-94fa-4cf3-a7f8-c3b049df8871","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line Centralized exchanges hold users’ funds and are controlled by a company or organization. However, DeFi exchanges do not have a central authority.

What is the best DeFi exchange?

[{"selector":"#anim-3fd29f07-c133-4d7d-bd86-6fffd12f6dc0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1656fd9d-93fb-4268-8eb9-6eeccb5d8280","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd699b3e-96d4-4290-b17c-1d70c57b8961","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a26e3b37-e655-48f4-af84-16ced37d6d33","keyframes":{"transform":["translate3d(0px, 239.82405%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0027884e-8998-4cae-a22f-8883e4d68951","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e2fe8da-6e40-4479-ab82-51bd6c530c3c","keyframes":{"transform":["translate3d(0px, 565.93807%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line There are hundreds of DeFi exchanges available today. Here are some of the best ones to use in 2025.

Uniswap

[{"selector":"#anim-561d55c2-a128-45a6-88b9-0280c7308463","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f68bd95-8e9a-4a9b-ac1e-a17692656fe8","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-755bb4a3-5f1b-4e1b-b2e4-c00f1a7493bb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3dd0dc61-507c-4a5f-9a9c-0a07953d3b3f","keyframes":{"transform":["translate3d(0px, 140.82687%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a788630b-0ec2-4fad-9cc8-7779ce091985","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-317b27fc-3c71-4067-86ff-e105bfcd5a12","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Uniswap is the most popular DeFi exchange and the largest by volume on the Ethereum blockchain for swapping or trading tokens. #UNISWAP #UNI White Line

Jupiter

[{"selector":"#anim-ce92c440-53fe-4c9a-b9eb-bba5ae8b0531","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d7ed384-1830-4239-ae59-7a068a68df57","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99fcecf3-6481-4aaf-82f9-ef6c86b904f7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e637aaf1-0634-41ea-98ec-cb3aaa86614f","keyframes":{"transform":["translate3d(0px, 165.90562%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a5fc5f80-4e4a-4e53-b708-5d63751869d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6d5cdbf-3d5b-4bc8-9a3b-5da2f762d05a","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Jupiter is the largest DeFi exchange on the Solana blockchain. It’s very popular for trading Solana meme coins. #JUP White Line

1Inch

[{"selector":"#anim-59b93315-e235-4250-9611-c82884bfb3b6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c31fe91-e3d3-4a1e-b612-3b091a726993","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3bed861d-ff0b-490b-a61b-275d4c31d99a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd302e5a-61f1-4561-a2fe-562f020911c4","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ccdc72b5-1bff-49e4-b5d6-81e694f79a82","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-384963bf-8704-4ab2-b8dd-c63845036cb9","keyframes":{"transform":["translate3d(0px, 239.82405%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line 1inch is a DeFi exchange aggregator powering flexible swaps and trades through their native protocol.

Is DeFi good or bad?

[{"selector":"#anim-1661e2a4-384b-47e5-a20b-decfb2b1fef6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d37142e3-5e99-4c28-a0c0-4487bc5e0681","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6f74da9-ffb2-4b4c-8730-25601a1d829a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a760c652-1cbd-4d66-b06a-c9839ed64577","keyframes":{"transform":["translate3d(0px, 196.92869%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc9c10cf-d2d4-4bc2-a689-552a4b6bf410","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fa74882f-b072-4a69-8eca-89c9e9f98df7","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Line DeFi is not simply "good" or "bad.” DeFi gives users greater control over their assets, however, DeFi protocols are susceptible to hacks.

Is DeFi legal in the US?

[{"selector":"#anim-c1a047ec-96ab-439a-9d8e-e9f491f016d3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41650522-75e7-4471-b22a-2d2419713d24","keyframes":{"transform":["translate3d(0px, 988.19523%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-239bc89f-9545-4213-91eb-a7ad5bcaa877","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63323cbf-34d2-4992-bb73-13449bc7b8d0","keyframes":{"transform":["translate3d(0px, 239.82405%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7b6655e-801c-47d4-9fa2-e7cadb3657b6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd7b2974-9b68-4919-b14a-417161e2a644","keyframes":{"transform":["translate3d(0px, 3340.27346%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] DeFi itself isn't explicitly illegal in the United States. However, its regulatory status is largely unclear. White Line

Best Crypto Exchanges in 2025

Next Up White Line Read Now